Gallagher to Co-Lead Collingwood’s New Risk Managment Division

The Collingwood Group declared these days that Brideen Gallagher will be promoted from Vice President of Business Development to Taking care of Director. In her new function, Gallagher will oversee The Collingwood Groups Risk Administration and Compliance Division in partnership with Controlling Director Karen Garner.

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Gallagher will support the companies threat management solutions created to support the mortgage industry handle todays tough economic regulatory setting. The division is targeted on mitigating the threat of enforcement actions and making certain operational readiness and compliance with the rigorous requirements of Authorities lending.

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“The benefit of currently being an FHA originator continues to be of utmost importance to numerous lenders and specifically in the present day. Conversely, the compliance pitfalls and penalties associated with originating and servicing government insured mortgages are too at all time highs as is the degree of regulatory scrutiny,” said Chairman Brian Montgomery.

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As a seasoned mortgage loan banking expert, Gallagher is uniquely experienced to direct this division.

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Brideen has been an integral member of our crew considering that she joined us a tiny in excess of a 12 months in the past, explained Partner Tim Rood, We appear ahead to continuing to make use of her expertise to expand the answers and providers we supply to the industry.

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Gallagher remarked, “I am extremely happy to be component of Collingwood’s Chance Management and Compliance group. With the at any time-increasing concentrate on lenders by regulators, Collingwood is foremost the cost for proactive administration of compliance in all locations of a lender’s operation.”

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Considering that February 2011, when she joined The Collingwood Group, Gallagher has contributed her priceless industry encounter in origination, functions, funds marketplaces and third get together correspondent organization to assistance the enlargement of the corporations companies. Gallagher will continue to leverage these capabilities in her new place.

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Prior to becoming a member of the Collingwood Group, Gallagher held senior degree account management positions with several top tier Correspondent lenders and was also a senior staff member at a hedge fund concentrated on the acquisition and disposition of distressed belongings. Gallagher retains a Bachelors Degree as properly as a Masters in Company Administration from Villanova College, and a Juris Medical professional from Temple College. She is a member of the Pennsylvania Bar, the Mortgage loan Bankers Association of The united states and a graduate of the Associations Potential Leaders Plan.

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About The Collingwood Group&#thirteen

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-primarily based enterprise advisory firm focused on increasing customers organizations, selling income growth and increasing expenditure returns. The organization is led by Brian Montgomery, previous Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery played a major function in the federal governments attempts to deal with the nations economic disaster and restore steadiness and liquidity to fiscal marketplaces. The companies other founders have held management positions inside of other businesses in the monetary providers market, like the GSEs. Collingwoods skills spans all facets of Company, non-Company and FHA/VA housing funding programs Ginnie Mae securitization routines domestic and international secondary industry activities and issues principal and specific servicing total asset lifecycle vendor and talent administration and all factors of portfolio thanks diligence, acquisition, property administration and asset disposition.